Log in or register to post comments5 views Week No. 16 Week Duration Sun, 19/04/2026 - 12:00 - Sat, 25/04/2026 - 12:00 Rulings HC: Quashes excess depreciation disallowance on genuine cinematographic film sale-leaseback transactions; Suspicion alone insufficient HC: Condones 430 days bonafide delay in filing Form No. 10 sans statutory time limit; Adopts liberal & justice oriented approach HC: Upholds PCIT order u/s 119(2)(b) rejecting 6 years condonation of over delay in filing ITR to claim refund; CBDT circular mandatory HC: Sets aside assessment order & consequential demand; Grants Assessee another opportunity of filing reply HC: Sales tax subsidy received under State Government Scheme, non-taxable capital receipt, excluded from book profit u/s 115JB ITAT: Condones Sec. 12A registration delay due to procedural lapses & interpretational confusion; Remits back for denovo adjudication ITAT: Allows Sec. 87A rebate on STCG u/s 111A where income below Rs. 7 Lac threshold Rate: Select ratingGive it 1/5Give it 2/5Give it 3/5Give it 4/5Give it 5/5